Elliot Management Corp. and Third Point LLC are just a few of the top investment firms that have made strides to involve themselves in the latest trend in shareholder activism: environmental, social, and governance (ESG) investing.
Dr. Alex Edmans, Professor of Finance at the London Business School and author of “Grow The Pie: How Great Companies Deliver Both Purpose and Profit”, sat down with AlphaWeek to discuss why ESG investing matters – even to non-ESG investors.
At a recent World Economic Forum in Davos, a significant push was made for environmental, social and governance (ESG) investing. In the wake of similar endorsements in the past few months, the momentum of ESG investing continues.
In a recent Brown Brothers Harriman survey, environmental, social, and governance (ESG) investing is one of two areas – along with core index products – that European investors hope to see exchange-traded fund (ETF) providers develop further.
Last year, investors put $20.6 billion into ESG funds – almost four times the record, set in 2019. As wildfires, drought flooding, and heatwaves spread across the world, many investors are deciding to move funds to address climate change – and asset managers are in a scramble to help meet the demand.
Environmental, Social and Governance (ESG) investing received another boost when global research and data provider MSCI challenged the investment community to increase its support of sustainable investing.